**SECTION NINE** 

 **TITLE** 

 The registration of and title to the Aircraft will be in the name of the Lessor, and the
Aircraft, at all times during the term of this Lease or any extension, will bear United States registration markings. All responsibility and obligations in regard to the operation of the Aircraft as above owned, registered, and marked will be borne
by Lessee during the term of this Lease. 

 **SECTION TEN** 

 **PAYMENT OF TAXES** 

 Lessee will pay all taxes associated with Lessee’s use of the Aircraft on
Lessee’s own business, including landing fees, fuel taxes, and any other taxes or fees which may be assessed against a specific flight by Lessee. 

 **SECTION ELEVEN** 

 **ASSIGNMENT** 

 Lessee shall not assign this Lease or any interest in the Aircraft, or sublet the Aircraft, without prior consent of Lessor. Subject to the foregoing,
this Lease inures to the benefit of, and is binding on, the heirs, legal representatives, successors, and assigns of the parties. 

 **SECTION TWELVE** 

 **ACCIDENT AND CLAIM** 

 Lessee will immediately notify Lessor and Airmax, LLC of each accident involving the Aircraft, which notification will specify the time, place, and nature of the accident or damage, the names and addresses of parties
involved, persons injured, witnesses, and owners of properties damaged, and such other information as may be known. Lessee will advise Lessor of all correspondence, papers, notices, and documents whatsoever received by Lessee in connection with any
claim or demand involving or relating to the Aircraft or its operation, and will aid in any investigation instituted by Lessor and in the recovery of damages from third persons liable therefor. 

  


7